CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Here are the most popular news headlines this past week on CRE-sources.
The deals with Aldi and numerous other newly signed tenants bring the 71,000-square-foot project to more than 50% pre-leased.
Here are the most popular news headlines this past week on CRE-sources.
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller.
Led by CEO Greg George and former Albertsons CEO Chairman Larry Johnston, The Peach Cobbler Factory is currently expanding in 19 states and will have 50 locations opened by 2023. The company has franchise commitments for an additional 200 locations and have recently moved its corporate headquarters to South Florida.
The project consists of 188 rental apartments and 45,000 square feet of office space and retail space.
Here are the most popular news headlines this past week on CRE-sources.
In the less than 24 hours since Bloomberg first reported the listing, investors from the U.S., Latin America, Europe, the United Arab Emirates and Canada have already expressed interest in acquiring the site.
Jonathan De La Rosa and Matthew Albregts, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, Westar at Palm Plaza, a limited liability company.
Kristol and Kirk D. Olson, both senior vice presidents in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a Florida based private investor who originally purchased the center from the developer.
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